Ryan Specialty Group News

Patrick Ryan Hails Program Business Amid Retail Consolidation, Moves Toward MGAs

Insurance industry trailblazer Patrick Ryan thinks the insurance program business could be headed for interesting times given recent consolidation in the retail insurance agency sector, an influx of capital and the recent purchase of a large program manager by American …

AIG Finalizes Acquisition of Program Manager Glatfelter Insurance

American International Group said it has completed the acquisition of insurance program manager Glatfelter Insurance Group, a deal announced in September. The addition is a key element in AIG’s strategy to reposition its General Insurance business and return to profitability. …

RSG to Acquire Certain Assets of New York’s ARC Specialty Brokerage

Ryan Specialty Group LLC (RSG) and ARC Excess & Surplus LLC (ARC) have entered into a definitive agreement in which RSG will acquire certain assets of ARC Specialty Brokerage LLC, the P&C Division of ARC, a wholesale insurance brokerage based …

Ryan Specialty Group to Acquire New Jersey’s New Day Underwriting Managers

Ryan Specialty Group LLC (RSG) has reached a definitive agreement to acquire the assets and operations of New Day Underwriting Managers LLC (New Day), a specialty intermediary with offices in Hamilton, N.J. New Day will become part of R-T Specialty …

IICF Northeast Division Raises Over $1.2M at 11th Annual New York Benefit Gala

The Northeast Division of the Insurance Industry Charitable Foundation (IICF), a nonprofit organization working with the insurance industry to help communities, raised more than $1.2 million at its annual charitable gala on December 13 in New York City. The money …

IICF Announces 11th Annual Benefit Dinner in New York to Honor Ryan Specialty Group

The Insurance Industry Charitable Foundation (IICF) will host its 11th annual Northeast Benefit Dinner on Wednesday, December 13, 2017, at the Sheraton New York Times Square Hotel. The dinner is expected to draw the attendance of more than 1,000 insurance …

Ryan Specialty Group Completes Acquisition of N-Surance Outlets of Georgia

Ryan Specialty Group, LLC, has completed the acquisition of the assets and operations of N-Surance Outlets (NSO), a wholesale insurance brokerage and binding authority operation headquartered in Roswell, Ga. The acquired business is a part of R-T Specialty, LLC (RT …

Aon’s Burns Joins Ryan Specialty as Chief Digital Officer

Ryan Specialty Group said that Kathy Burns has joined the firm as senior vice president and chief digital officer. Burns is an expert in the areas of technology, risk management and insurance. She worked at Marsh (Clearsight) from 2002 to …

Ryan Specialty Group Agrees to Acquire Assets of New York-Based LoVullo

Ryan Specialty Group LLC (RSG) has reached a definitive agreement to acquire substantially all of the assets of LoVullo Associates Inc. (LoVullo), a wholesale insurance brokerage and binding authority operation based in Depew, N.Y. LoVullo will become part of RT …

RSGUM Acquires Interstate Insurance Management in Pennsylvania

RSG Underwriting Managers (RSGUM) has agreed to acquire the total assets and operations of Interstate Insurance Management Inc. (Interstate). Interstate was represented in the transaction by Marsh, Berry & Company Inc. Terms of the agreement were not released. Interstate is …